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Microsoft Dynamics NAV 2016 Financial Management - Second Edition

You're reading from  Microsoft Dynamics NAV 2016 Financial Management - Second Edition

Product type Book
Published in Jan 2017
Publisher Packt
ISBN-13 9781786469496
Pages 222 pages
Edition 2nd Edition
Languages
Authors (3):
Anju Bala Anju Bala
Profile icon Anju Bala
Cristina Nicolas Lorente Cristina Nicolas Lorente
Profile icon Cristina Nicolas Lorente
Laura Nicolàs Lorente Laura Nicolàs Lorente
Profile icon Laura Nicolàs Lorente
View More author details

Table of Contents (15) Chapters

Microsoft Dynamics NAV 2016 Financial Management - Second Edition
Credits
About the Authors
About the Reviewer
www.PacktPub.com
Customer Feedback
Preface
1. The Sales and Purchase Processes 2. Managing Payments and Banks 3. Accounting Processes 4. Reporting and Business Intelligence 5. Foretelling - Budgeting and Cash Flow Management 6. Financial Management Setup 7. Other Financial Functionalities 8. Fixed Asset Setup and Transactions

XBRL


eXtensible Business Reporting Language (XBRL) is a global standard for exchanging business information such as financial statements or other such information. Dynamics NAV can export financial data using the XBRL standard.

The idea is that someone who wants to get financial information from you would provide you a taxonomy (an XML document), which would contain one or more schemas with lines you should fill out. You would import this taxonomy into the program and fill out the schema or schemas by entering the account or accounts that correspond to each line in the schema and other required information. Once it is filled out, export it from the application and send it to the requester.

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